Nexalin Technology Files Definitive Proxy Statement

TL;DR

Nexalin Tech (NXT) filed its proxy statement for the Aug 26 annual meeting. Standard stuff.

AI Summary

Nexalin Technology, Inc. filed a Definitive Proxy Statement (DEF 14A) on July 29, 2024, for its annual meeting on August 26, 2024. The company, headquartered in Houston, TX, is involved in electromedical and electrotherapeutic apparatus. This filing is a standard procedural document for the annual shareholder meeting.

Why It Matters

This filing provides shareholders with essential information regarding the upcoming annual meeting, including voting procedures and company matters to be discussed.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing, which is a standard disclosure for public companies regarding their annual shareholder meetings.

Key Numbers

• 20240826 — Annual Meeting Date (Shareholders will vote on company matters on this date.)

Key Players & Entities

• Nexalin Technology, Inc. (company) — Registrant
• 0001829126-24-005057 (filing_id) — Accession Number
• 20240729 (date) — Filing Date
• 20240826 (date) — Annual Meeting Date
• Houston, Texas (location) — Company Headquarters
• 3845 (sic_code) — Standard Industrial Classification

FAQ

Filing Documents

• nexalintech_def14a.htm (DEF 14A) — 158KB
• proxy_001.jpg (GRAPHIC) — 702KB
• proxy_002.jpg (GRAPHIC) — 452KB
• 0001829126-24-005057.txt ( ) — 1658KB

From the Filing

DEF 14A 1 nexalintech_def14a.htm DEF 14A NEXALIN TECHNOLOGY, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to §240.14a-12 NEXALIN TECHNOLOGY, INC. (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 Nexalin Technology, Inc. 1776 Yorktown, Suite 550 Houston, Texas 77056 Notice of Annual Meeting of Stockholders To be held on August 26, 2024 To our Stockholders: NOTICE IS HEREBY GIVEN that the Annual Meeting of Stockholders (the “ Annual Meeting ”) of Nexalin Technology, Inc. (“ Nexalin Technology ” or the “ Company ”) will be held in a virtual-only meeting format conducted via live audio webcast located at https://www.cstproxy.com/nexalin/2024 on August 26, 2024 at 10:00 a.m. (Eastern Standard Time). The following items are scheduled for consideration and action at the Annual Meeting. 1. Election of five (5) directors; 2. Approval of an amendment to the Company’s 2023 Equity Incentive Plan; 3. Ratification of the appointment of Marcum LLP as the Company’s independent auditors for the fiscal year ending December 31, 2024; and 4. Such other business as may legally come before the Annual Meeting and any adjournments or postponements thereof. The Board of Directors has fixed the close of business on July 17, 2024 as the record date for determining the stockholders having the right to notice of and to vote at the Annual Meeting. Attending the Virtual Meeting As described in the proxy materials for the Annual Meeting, you are entitled to attend and participate in the virtual Annual Meeting if you were a stockholder of record as of the close of business on July 17, 2024, the record date, or if you hold a legal proxy for the Annual Meeting provided by your bank, broker-dealer, or other similar organization. The accompanying proxy materials include instructions on how to participate in the Annual Meeting and how to vote your shares of the Company’s common stock in the Annual Meeting. Stockholders attending the Annual Meeting will be in a listen-only mode. However, virtual attendees will be able to vote and submit questions during the Annual Meeting using the virtual Annual Meeting website. Your vote is important. Whether or not you plan to attend the Annual Meeting, you are encouraged to vote as soon as possible to ensure that your shares are represented at the Annual Meeting. By order of the Chairman of the Board /s/ Leslie Bernhard Leslie Bernhard Houston, Texas July 29, 2024 IMPORTANT: IT IS IMPORTANT THAT YOUR SHARES BE REPRESENTED AT THE ANNUAL MEETING REGARDLESS OF THE NUMBER OF SHARES YOU HOLD. WHETHER OR NOT YOU PLAN TO ATTEND THE ANNUAL MEETING, WE URGE YOU TO SUBMIT YOUR VOTE VIA THE INTERNET, TELEPHONE OR MAIL AS SOON AS POSSIBLE SO THAT YOUR SHARES CAN BE VOTED AT THE ANNUAL MEETING IN ACCORDANCE WITH YOUR INSTRUCTIONS. IF YOU RECEIVE MORE THAN ONE PROXY CARD BECAUSE YOUR SHARES ARE REGISTERED IN DIFFERENT NAMES OR ADDRESSES, EACH PROXY CARD SHOULD BE SIGNED AND RETURNED TO ENSURE THAT ALL OF YOUR SHARES WILL BE VOTED. We appreciate your giving this matter your prompt attention. Important Notice Regarding Availability of Proxy Materials for the Stockholder Meeting to be held on August 26, 2024: THE PROXY MATERIALS FOR THE ANNUAL MEETING, INCLUDING THE ANNUAL REPORT AND THE PROXY STATEMENT (COLLECTIVELY, THE “ PROXY MATERIALS ”) ARE ALSO AVAILABLE AT HTTPS://WWW.CSTPROXY.COM/NEXALIN/2024 . NEXALIN TECHNOLOGY, INC. 1776 Yorktown, Suite 550 Houston, Texas 77056 PROXY STATEMENT FOR ANNUAL MEETING OF STOCKHOLDERS To be Held on August 26, 2024 Proxies in the form enclosed with this statement are solicited by the Board of Directors (the “ Board ”) of Nexalin Technology, Inc. (“ we ,” “ us ,” “ our ,” the “ Company ” or “ Nexalin Technology ”) to be used at the Annual Meeting of Stockholders (the “ Annual Meeting ”) and any adjournments thereof, to be held on a virtually via the Internet on August 26, 2024 at 10:00 a.m., Eastern Standard Time, for the purposes set forth in the Notice of Meeting and this Proxy Statement. The Company’s principal executive offices are locate

View Full Filing

View this DEF 14A filing on SEC EDGAR